PERL.eco (PERL)( Planetary Ecosystem Registration Ledger) aims to make the biotic ecosystem accessible by tokenizing biodiversity and carbon credits in the DeFi space. Carbon credits can be understood as digital certificates that indicate the right to release one ton of carbon dioxide (CO2) or an equivalent amount of another greenhouse gas (tCO2e). The goal of issuing and trading carbon credits is to enable market forces to drive industrial and commercial operations towards low-emission or less carbon-intensive techniques.

PERL.eco assets are backed by real-world assets like carbon credits and bioecological assets. The platform focuses on key areas such as carbon emission and conservation of biodiversity. In a nutshell, PERL.eco interconnects real-world assets to blockchain to create a more sustainable environment.

The platform broadens the cryptocurrency ecosystem by directly linking current decentralized ecosystems and DeFi to previously inaccessible carbon markets. PERL.eco, rather than competing with existing platforms and initiatives, plans to develop new bridges for a wave of growth and funding for the crypto sector. The platform also plans on providing opportunities to the existing community by allowing them to engage in the rapidly expanding carbon commodity trading markets.

According to its website, the project’s goal of tokenizing carbon credits is to enable users to offset their emissions and engage in the future growth of carbon. PERL.eco is also working to create a marketplace that connects the supply and demand for biodiversity value. This offering stimulates the protection of biodiversity as climate change intensifies.The platform also collaborates with well-known animal, ocean, and environmental organizations to create NFTs to support the conservation of endangered species and ecosystems.

PERL is PERL.eco’s governance token. Holders of PERL tokens set the incentive structure, develop a diverse stakeholder base, and facilitate economic value exchange in the network. Holders vote on the fee model and allocation and provide feedback on other critical matters.

PERL.eco is a Singapore-based company co-founded by Kenta Iwasaki, Ajay Prakash, and Dorjee Sun in 2018. The platform is backed by Global Brain Corporation and Elysium Venture Capital.

The PERL token reports a total supply of 1,033,200,000 PERL.